Incubators and accelerators for startups and their Programs

Incubators and accelerators

The total number of accelerators and incubators present over the globe has decreased since 2016, as recorded, and the rate of programs opening up has also proportionally decreased. However, longstanding programs like Techstars and Y Combinator which are popularly known as accelerators are becoming strong, and many smaller programs are making a local impact.

If you have a desire to take your heights to the sky with the help of an incubator or accelerator for startups, here are a few programs to which you could apply:

MassChallenge: An accelerator program that takes place in countries like Boston, Israel, Mexico, Switzerland, and Texas for early-stage startups. These programs get funding of less than $500,000. The program relates to a four-month program, participants receive support from mentors and experts, free co-working space, workshops, access to MassChallenge’s network of corporate partners, and the opportunity to win cash prizes.

Dreamit: This is the 14-week accelerator program that is designed for startups that are ready to scale. Startups are not required to relocate for the program but would complete two-week multi-city “sprints” to meet with potential investors and customers. Dreamit has the capability to invest up to $500,000.

The Founders Institute: This pre-seed accelerator program is designed for startups that haven’t raised any funding yet. The 14-week program includes weekly sessions with experts, group meetings, and assignments related to building your business. appears to be an empty link with target

Food Business Incubation Network: FoodBIN is a partnership program between the USDA and Rutgers Food Innovation Center. The program helps food startups in finding resources to grow. FoodBIN identifies incubators, innovation opportunities, and funding sources for entrepreneurs in the food industry. The membership cost is $149 per year.

Before picking the one between an accelerator or an incubator, you must analyze how the program would impact your startup. Make sure your startup can afford to take part in an incubator or accelerator before application.

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